Through this service, Ally guarantees you won’t be liable for any mobile or online transaction you didn’t make — as long as you report it no later than 60 days from when you get your statement. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. These offers do not represent all deposit accounts available. Get email updates to help you make more, save more and live a richer life. 15 0 0 0 0 7. Here are the specifics for ACH transfers at 18 top banks. Some of the products we feature are from partners. We adhere to strict standards of editorial integrity.
Some of the products we feature are from our partners. If you’ve ever paid a bill online or reimbursed a friend on your phone, odds are you’ve used an ACH transfer. These bank-to-bank transfers, also called external funds transfers, are processed through the Automated Clearing House electronic network. The network also handles other ACH transfers, such as direct deposits and moving money between bank accounts. It often takes around three business days for transferred funds to become available. And this applies only to online transfers.
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